REGISTERED NUMBER: 01171705 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Norman Wildblood and Co. Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

R Morris

G Hicks

SECRETARY:

G Hicks

REGISTERED OFFICE:

2 Station Road

Heathfield

East Sussex

TN21 8LB

REGISTERED NUMBER:

01171705 (England and Wales)

ACCOUNTANTS:

G. A. Hicks - Accountant

14 Meadow Way

Heathfield

East Sussex

TN21 8AL

The directors present their report with the financial statements of the company for the year ended 31 May 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of electrical contractors and retailers.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 June 2024 to the date of this report.

R Morris

G Hicks

Other changes in directors holding office are as follows:

D Farley and A Burrows ceased to be directors after 31 May 2025 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

G Hicks - Secretary

13 January 2026

TURNOVER

1,019,733

1,121,268

Cost of sales

687,794

729,944

GROSS PROFIT

331,939

391,324

Administrative expenses

263,725

264,316

OPERATING PROFIT

4

68,214

127,008

Interest receivable and similar income

1,403

-

PROFIT BEFORE TAXATION

69,617

127,008

Tax on profit

17,624

29,573

PROFIT FOR THE FINANCIAL YEAR

51,993

97,435

FIXED ASSETS

Tangible assets

5

34,723

45,343

CURRENT ASSETS

Stocks

28,825

50,295

Debtors

6

59,888

147,191

Cash at bank and in hand

240,482

173,241

329,195

370,727

CREDITORS

Amounts falling due within one year

7

107,724

114,369

NET CURRENT ASSETS

221,471

256,358

TOTAL ASSETS LESS CURRENT LIABILITIES

256,194

301,701

PROVISIONS FOR LIABILITIES

10,561

10,561

NET ASSETS

245,633

291,140

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

10,773

17,273

Retained earnings

233,860

272,867

245,633

291,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 13 January 2026 and were signed on its behalf by:

R Morris - Director

1.	STATUTORY INFORMATION

Norman Wildblood and Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.5.25

31.5.24

£

£

Depreciation - owned assets

11,180

11,485

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 June 2024

76,182

87,015

163,197

Additions

814

-

814

Disposals

-

(1,900

)

(1,900

)

At 31 May 2025

76,996

85,115

162,111

DEPRECIATION

At 1 June 2024

71,081

46,773

117,854

Charge for year

1,183

9,997

11,180

Eliminated on disposal

-

(1,646

)

(1,646

)

At 31 May 2025

72,264

55,124

127,388

NET BOOK VALUE

At 31 May 2025

4,732

29,991

34,723

At 31 May 2024

5,101

40,242

45,343

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

59,888

143,941

Other debtors

-

3,250

59,888

147,191

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

38,846

46,485

Taxation and social security

55,147

62,989

Other creditors

13,731

4,895

107,724

114,369

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

£

A Burrows

Balance outstanding at start of year

3,250

-

Amounts advanced

-

3,250

Amounts repaid

(3,250

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,250

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Morris.